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IEA Forecast Little Changed With 2012 Demand Seen At 89.9Mn B/D
...e latest issue of the monthly Oil Market Report (OMR), released on 14 March, cited the IMF’s January World Economic Outlook, which said global economic growth would decelerate to 3.3% in 2012, from 3.8% in 2011 and 5.2% in 2010. “Having risen to 89.1mn b/d in 2011, global oil consumption is forecast to...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
Crude Oil Formulas/Posted Prices
...OIL PRICES/OPEC Crude Oil Formulas/Posted Prices ($/B) Iran (+ / - Adjustment Factor; $/B) 2012 2011 Apr Mar Fe...
Volume: 55Issue: 12Published at Mon, 19 Mar 2012 -
IEA Sees Oil Market Volatility Boosting Downside Risk In Demand Outlook
...B daily, says the International Energy Agency (IEA). In the latest monthly Oil Market Report, published on 15 March, the IEA observes that while global oil product demand growth remains largely unchanged at 2.9mn b/d in 2010 and 1.4mn b/d in 2011, “high oil prices entail significant downside ri...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011 -
Japan Looks To Cover Short Term Energy Requirements Following Earthquake And Tsunami
...wer demand is more likely 8.73gw (ie 70% utilization of 9.7gw), and half of that need is met by LNG and oil fired generation equally, Japan’s demand for LNG should grow by 5mn tons in 2011. Similarly, incremental oil demand (fuel oil and crude) will be 130,000 b/d. Total oil demand in the ut...
Volume: 54Issue: 12Published at Mon, 21 Mar 2011